The Central Bank of Nigeria (CBN) has announced a fine of ₦150 million on Deposit Money Banks found guilty of […]
Continue readingTag Archives: CBN
JUST-IN: CBN Clarifies Nigerians Over Old Naira Notes Expiring Date
The Central Bank of Nigeria (CBN) has reaffirmed that all versions of the naira, including the old and new designs […]
Continue reading
BREAKING: CBN Raises Interest Rate To 27.5%
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which […]
Continue reading
CBN Send Fresh Warning To Banks, Directs Them To Load ATMs
The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). CBN gave […]
Continue reading
Emefiele: CBN Board Didn’t Recommend Naira Redesign To Buhari – Ex-Deputy Gov
An ex-Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Obiora has said there was no time the board […]
Continue reading
FLASH: No Deadline For Circulation of Old Naira Notes – CBN Debunks Report
The central Bank of Nigeria on Thursday, October 24, debunked reports that the old naira notes of N200, N500 and […]
Continue reading
JUST-IN: CBN Introduces Electronic System To Boost Transparency In Forex MarketÂ
The Central Bank of Nigeria has announced the introduction of an Electronic Foreign Exchange Matching System aimed at transforming the […]
Continue reading
JUST-IN: CBN Jacks Up Interest Rate To 27.25%
The Central Bank of Nigeria (CBN) has announced a 50 basis point increase in the Monetary Policy Rate (MPR), […]
Continue reading
BREAKING: CBN To Maintain Controversial Cybercrime levy Amid Economic Hardship
The Central Bank of Nigeria (CBN) has confirmed it will continue enforcing the contentious cybercrime levy of 0.005% on all […]
Continue reading
JUST-IN: Presidency Reacts To Reports Of CBN Governor, Yemi Cardoso’s ResignationÂ
The presidency has dismissed a viral report claiming that President Bola Tinubu asked Central Bank of Nigeria (CBN) Governor Yemi […]
Continue reading